Canadian Imperial Bank of Commerce is offering 4.50% Callable Senior Global Medium-Term Notes due March 23, 2029. The Notes accrue interest at 4.50% per annum, with annual interest payments each April 8 beginning April 8, 2027, and are callable by the Bank on April 8, 2027 and April 8, 2028 at a Redemption Price of 100% plus accrued interest.
The Notes are senior, unsecured obligations of CIBC, issued in minimum denominations of $1,000, not listed on any exchange, subject to Canadian bail-in conversion under the CDIC Act, and carry credit risk of the Bank. Original issue price is $1,000 per Note with an underwriting discount up to $6.00 (0.60%), resulting in proceeds to CIBC of at least $994.00 per Note. Delivery is expected in book-entry form through DTC on or about April 8, 2026.
Canadian Imperial Bank of Commerce (CIBC) is issuing 939,319 units of Autocallable Strategic Accelerated Redemption Securities® at a $10.00 principal amount per unit, totaling $9,393,190. The notes are senior unsecured debt linked to a basket of Microsoft, Alphabet (Class A) and ServiceNow.
Each unit pays no periodic interest, is automatically callable if the Basket equals or exceeds the Starting Value on an Observation Date, and otherwise exposes holders to 1-to-1 downside (up to 100% of principal at risk). The issuer’s initial estimated value was $9.60 per unit, below the public offering price.
Canadian Imperial Bank of Commerce is offering $743,000 aggregate principal amount of 4.30% Callable Senior Global Medium-Term Notes due March 3, 2031. The Notes accrue interest at 4.30% per annum, payable monthly beginning April 18, 2026, and are callable annually on March 18 from 2027 through 2030
The Notes are senior, unsecured obligations, will be issued in minimum denominations of $1,000, are not listed on any exchange, and are subject to Canadian bail-in powers under the CDIC Act.
Canadian Imperial Bank of Commerce (CIBC) is offering $1,000,000 aggregate principal of 4.00% Callable Senior Global Medium-Term Notes due March 23, 2028. The Notes bear interest at 4.00% annually, payable each March 23 beginning March 23, 2027, and are callable in whole on March 23, 2027 at 100% of principal plus accrued interest. The Notes will be issued in minimum denominations of $1,000, are unsecured senior obligations of CIBC, will not be listed, are not deposit-insured, and are bail-inable under the Canada Deposit Insurance Corporation Act, permitting conversion into common shares under specified Canadian resolution powers. Original issue price is $1,000 per note (proceeds to CIBC $996.50 per note after underwriting discount).
Canadian Imperial Bank of Commerce is issuing Digital Basket-Linked Notes due March 24, 2028 with a $1,000 principal amount per note and an initial aggregate offering of $13,241,000. The cash payment at maturity depends on a weighted basket of five equity indices (EURO STOXX 50 40.00%, TOPIX 25.00%, FTSE 100 17.00%, SMI 11.00%, S&P/ASX 200 7.00%) measured from the trade date to the determination date.
The notes provide a 10.00% buffer: if the final basket level is above or equal to the initial level you receive at least the threshold settlement amount of $1,204.50 per $1,000; if the final basket level declines by up to 10.00% you receive principal; if it declines by more than 10.00% you incur a proportional loss and could lose your entire investment. The bank's internal estimated value at pricing was $992.70 per note, below the issue price. The notes are unsecured, not insured, and will not be listed.
Canadian Imperial Bank of Commerce is pricing a primary offering of $500,000 aggregate principal amount of 5.40% Callable Notes with Bonus Coupon linked to Compounded SOFR due March 20, 2046. The Notes pay annual interest each March 20, are callable annually from March 20, 2031 through March 20, 2045, and will be issued at $1,000.00 per Note (original issue price) with underwriting discount of $13.50 per Note. The Notes are senior unsecured obligations of CIBC, not deposit insured, unlisted, and subject to issuer credit risk. The Bonus Coupon for the initial period equals 0.10% if Compounded SOFR on the valuation date is less than 5.40%, with the fixed coupon otherwise 5.40%.
Canadian Imperial Bank of Commerce priced and issued senior global medium-term Market Linked Securities with an auto-callable, contingent-coupon memory feature linked to the lowest performing share of AMZN, GOOGL and NVDA. The securities were offered at an Original Offering Price of $1,000 per security on Pricing Date: March 17, 2026 and issued on Issue Date: March 20, 2026.
The securities pay quarterly Contingent Coupon Payments at a Contingent Coupon Rate of 13.20% per annum only if the Lowest Performing Stock closes on each Coupon Determination Date at or above its Coupon Threshold Price (each Coupon Threshold = 50% of Starting Price). The Starting Prices were AMZN $215.20, GOOGL $310.92 and NVDA $181.93, giving Coupon/Downside Thresholds of $107.60, $155.46 and $90.965, respectively. The securities are subject to automatic call on quarterly Call Observation Dates if the Lowest Performing Stock closes at or above its Starting Price. If not called, maturity is Stated Maturity Date: March 22, 2029 with principal at risk: if the Ending Price of the Lowest Performing Stock on the Final Calculation Day is below its Downside Threshold Price, the Maturity Payment Amount will be reduced pro rata (possible loss >50% or total loss).
All payments are obligations of CIBC and subject to its credit risk. The issuers estimated value on the Pricing Date was $932.90 per security; the aggregate proceeds to CIBC from this tranche were $4,742,121.25 (gross offering $4,855,000.00, underwriting discount and fees disclosed).
Canadian Imperial Bank of Commerce (CIBC) priced senior global medium-term notes linked to the lowest performing share of Amazon (AMZN), Alphabet (GOOGL) and Meta (META). The securities were priced on March 17, 2026 with an Issue Date of March 20, 2026 and a Stated Maturity Date of March 22, 2029.
The securities have a face amount of $1,000 per security and an original offering price of $1,000. They pay a quarterly contingent coupon at a 17.00% per annum rate only if the Lowest Performing Stock on each Coupon Determination Date is at or above its Coupon Threshold Price (70% of its Starting Price). Starting Prices and corresponding 70% thresholds are: AMZN $215.20 (threshold $150.64), GOOGL $310.92 (threshold $217.644), META $622.66 (threshold $435.862).
If a Call Observation Date meets the automatic call condition the notes redeem early for the face amount plus any due coupons. If not called, at maturity holders receive the face amount only if the Lowest Performing Stock’s Ending Price is at or above its 70% Downside Threshold; otherwise the Maturity Payment equals $1,000 times the performance factor, exposing holders to losses greater than 30.00%, potentially to $0. CIBC’s estimated value per security on the Pricing Date was $929.00, below the offering price; Wells Fargo Securities acted as agent.
Canadian Imperial Bank of Commerce priced Senior Global Medium-Term Notes linked to the lowest performing of GS, XOM and META. The notes were issued with a $1,000 face amount per security, an original offering price of $1,000 each and a contingent quarterly coupon at 21.00% per annum.
The term runs from March 20, 2026 to a stated maturity of March 22, 2029 unless automatically called earlier. Automatic call can occur on quarterly observation dates if the lowest performing stock closes at or above its Starting Price. If not called, principal at maturity depends on the Lowest Performing Stock’s Ending Price relative to a Downside Threshold equal to 70% of its Starting Price, exposing holders to losses greater than 30%, potentially down to zero. The issuer’s estimated value per security was $907.60, below the offering price.
Canadian Imperial Bank of Commerce is offering $743,000 aggregate principal amount of 4.25% Callable Notes due March 3, 2031. The Notes accrue interest at 4.25% per annum and pay interest monthly on the 18th, commencing April 18, 2026. The Bank may redeem the Notes in whole, annually on the March 18 Interest Payment Date beginning March 18, 2027 and ending March 18, 2030, at a redemption price equal to 100% of principal plus accrued interest. The Notes are senior, unsecured obligations, not listed, will be issued in denominations of $1,000, and will be delivered in book-entry form through DTC on March 18, 2026. Holders are subject to Canadian bail-in powers under subsection 39.2(2.3) of the CDIC Act; conversion into common shares and related risks are described in the prospectus materials.